The Car Insurance : VP: social protection and prevent the impact of inflation

Vice President Boediono (Between/Yudhi Mahatma)

Inflation can affect the level of well-being of the poor, hence the need for social protection, "

Jakarta (The Car Insurance)-Vice President Boediono said the compensation as part of social protection, needs to be given to preventing the impact of the rate of inflation, to the poor.

"Inflation can affect the level of well-being of the poor, hence the need for social protection," he said when giving opening remarks in the meeting of the National Coordination Team for controlling Inflation Area IV (TPID) here on Wednesday.

Boediono said the need for an effort to keep the rate of inflation, as high inflation could affect the purchasing power and the conditions of the poor.

"Inflation is affecting everyone but there are groups who are overburdened and prone to inflation that is poor, we need to focus to get there," he said.

Boediono said the Government has prepared a variety of compensation in the form of jamkesmas, raskin, scholarships for poor students as well as other programs to keep the level of welfare of the poor.

For that, he wants the leaders of the region to control the implementation of the social assistance program and asked for increased coordination with the Centre in conducting surveillance.

"Social Protection must be fully escorted their implementation and coordination should be improved to anticipate unexpected things on the field," he said.

Boediono was also asked to not only keep the TPID pace of inflation in the region, but also a food commodity prices can affect the condition of the poor.

"Safeguarding food safety and is a major key to success in controlling the rate of inflation," he said.

Currently control inflation requires a synergy and cooperation between policy areas, due to the increasing complexity of the challenge in controlling inflation and there is no area that can satisfy all the needs of the people.

(S034/B008)

Car Insurance; Insurance

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Title Post: The Car Insurance : VP: social protection and prevent the impact of inflation
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